Deep Tech | UPSC

Deep Tech mind map
Recent News (2024)
Quantum startups funding
Dropped worldwide except EMEA
EU protection against takeovers
Shielding from foreign acquisitions
Solve big problems
Tackles complex issues
Utilizes advanced technologies
Breakthrough innovations
Enable change
Drives transformational change
Across industries
In businesses and society
Create new applications
In fields like
Quantum computing
Material sciences
Challenges
Long R&D cycles
Years from research to viability
Requires stamina, patience
Substantial capital requirements
Major investments in R&D
Talent acquisition
Needs advanced expertise
In fields like robotics, AI
Regulatory landscape
Highly regulated industries
Close work with government bodies
Customized production
Building unique products
Educating enterprise customers
Explaining value of new technologies
Long adoption cycles
Slow user acclimation
Risk of failure
Even after substantial investment
Funding
Increased over years
Concentrated in
United States
China
European countries also active
Corporations interested
Examples include Google, Amazon
Key Areas
Advanced Computing
Quantum Computing
Artificial Intelligence
Machine Learning
Biotechnology
Life Sciences
Blockchain
Distributed Ledgers
Robotics
Drones
Photonics
Electronics
Virtual Reality
Augmented Reality
Opportunities
For early-stage businesses
Academic spin-outs and SMEs
Addressing societal challenges
Leading to high-growth potential

Deep Tech refers to a category of advanced technologies focused on solving complex and challenging issues, leading to transformational changes across various industries and society. These technologies include fields like quantum computing, AI, robotics, biotechnology, and blockchain. Deep tech ventures are characterized by long R&D cycles, substantial capital requirements, and the need for specialized talent. The funding landscape for deep tech has evolved, with increased investments in the US, China, and Europe. Recent trends show a growing interest in deep tech, especially in areas like quantum computing and AI. Challenges for deep tech startups include navigating regulatory landscapes, educating customers about new technologies, and managing the risk of failure after extensive investment.